Real Estate Finance and Development Fundamentals for Public and Private Participants (at HKS)

Provides an analytical framework for understanding real estate finance and development fundamentals from both public and private perspectives. Topics addressed include: establishing investment/development objectives; structuring ownership entities; evaluating and controlling prospective development sites; creating sound development plans; understanding the public entitlement process; preparing market and feasibility studies; securing debt and equity financing; coordinating the design and construction process; and marketing and managing real estate assets. Includes preparation of income statements; sources and uses of funds statements; federal tax impact analyses; and discounted cash flow analyses. Principles learned should be applicable globally for private, public, NGO, and not-for-profit participants in either policy planning for or implementation of real estate development, community redevelopment, and/or disaster relief activities. Lectures, cases, exercises, site visits, guest lectures, and class discussions will involve a variety of real property asset types, including several structured as public-private partnerships. No prior finance or real estate development experience is expected or required.
Also offered by Harvard Kennedy School as SUP-665

Those interested in GSD SES 5492/HKS SUP 665 are encouraged to attend a shopping session on Monday, August 28th from 4:15-5:30 at HKS at L280. The actual first class meetings will be on Wednesday, August 30th. The course will meet regularly on Mondays and Wednesdays, 4:15-5:30 in L280.